Sunday, October 17, 2021
Home Articles Housing Markets

Housing Markets

Unemployment Fell to 4.8 Percent in September; Construction Sector Growth Lagging

The U.S. economy added roughly 194,000 jobs in September, beating expectations and driving the unemployment rate down to 4.8%, according to the the U.S....

U.S. Home Prices Continued to Surge in August

U.S. home price gains continued to smash records in August, fueling ongoing concerns about affordability, according to CoreLogic’s home price index report. Month-over-month home prices...

Fannie Mae Reports High Home Prices Continue to Affect Home-Buying Sentiments

The Fannie Mae’s Home Purchase Sentiment Index (HPSI) decreased 1.2 points to 74.5 in September, as survey respondents continued to report divergent opinions of...

Pending Home Sales Increased 8.1 Percent in August

The National Association of Realtors’ Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, increased 8.1% to 119.5...

FHFA House Price Index Up Nearly 20 Percent from Last Year

House prices rose nationwide in July, up 1.4% from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA...

Existing-Home Sales Fell in August as Buyers Waited For Inventory

Due mainly to lack of supply, existing-home sales fell 2.0% in August compared with July, according to the National Association of Realtors (NAR). The decrease...

Demand for Second Homes Falls Nearly 20 Percent

Demand for second homes dropped 19.3% year over year in August, marking the third straight month of declines, according to a new report from...

Nearly 20 Percent Decrease in August New Home Purchase Mortgage Applications

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2021 shows mortgage applications for new home purchases decreased 17% compared from...

Supply and Labor Constraints, Rising Inflation Affect Home Sales, Mortgage Rates

For the second month in a row, expectations for near-term real GDP growth have been revised downward – and outward – due to persistent...

Freddie Mac Reports Nearly Flat Mortgage Rates

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.86% for the...

Redfin: Home Sales Down 6 Percent Year Over Year, Prices Keep Rising

According to a new report from Redfin, the national median home-sale price rose 16% year over year to $380,271 in August, marking the 13th...

Consumers Seem More Optimistic About Home Buying

Fannie Mae reveals that the Home Purchase Sentiment Index (HPSI) was largely unchanged in August, decreasing 0.1 points to 75.7, as survey respondents tempered...

Slow Increase in Pending Home Sales, Redfin Reports

Pending home sales rose 9% in August, the slowest growth since June 2020, according to a new report from Redfin. More home sellers have started...

Home Prices Jumped 18.6 Percent Year Over Year in June

U.S. home prices continued to hit new highs in June, rising 1.7% compared with May and soaring 18.6% above June 2020, according to the...

U.S. House Prices Show Substantial Rise Over Last Year

U.S. house prices rose 17.4% from the second quarter of 2020 to the second quarter of 2021, according to the Federal Housing Finance Agency...

Pending Home Sales Fell 1.8 Percent in July as the Market Cools

Pending home sales decreased 1.8% on an adjusted basis in July compared with June and were down 8.5% compared with July 2020, according to...

CoreLogic Decade in Review Report Shows Shifting Market Dynamics

CoreLogic’s Investor Homebuying report highlights home U.S. purchase trends between 2011 and 2020. In the report, CoreLogic investigates activity nationally by both price tier...

Radian RPI Reports U.S. Home Price Appreciation Increases

After a strong finish to the first half of 2021, home prices across the U.S. rose at an even faster pace in July as...
https://unsplash.com/@valentina_locatelli

Existing-Home Sales Increased For Second Straight Month in July

Existing-home sales increased 2.0% in July compared with June to reach a seasonally adjusted annual rate of 5.99 million, according to the National Association...

New Home Sales Inched Up 1 Percent in July

New home sales increased 1% in July compared with June but were down 27% compared with July 2020, according to estimates from the U.S....